Forte Energy NL (ASX:FTE) Scaled Net Operating Assets: 0.19 (As of Dec. 2016)


What is Forte Energy NL Scaled Net Operating Assets?

Forte Energy NL ASX:FTE Scaled Net Operating Assets is 0.19 as of Dec. 2016. The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Forte Energy NL's operating assets for the quarter that ended in Dec. 2016 was A$0.28 Mil. Forte Energy NL's operating liabilities for the quarter that ended in Dec. 2016 was A$0.27 Mil. Forte Energy NL's Total Assets for the quarter that ended in Jun. 2016 was A$0.05 Mil. Therefore, Forte Energy NL's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2016 was 0.19.

Forte Energy NL Scaled Net Operating Assets Historical Data

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The historical data trend for Forte Energy NL's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Forte Energy NL Scaled Net Operating Assets Chart

Forte Energy NL Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.98 0.92 -0.03 -0.79

Forte Energy NL Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.94 -0.03 -0.42 -3.90 0.19

ASX:FTE vs ZIMCF, MCCX, INTV: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Forte Energy NL's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Forte Energy NL Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Forte Energy NL's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Forte Energy NL's Scaled Net Operating Assets falls into.


Forte Energy NL Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Forte Energy NL's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2016 )
=(Operating Assets (A: Jun. 2016 )-Operating Liabilities (A: Jun. 2016 ))/Total Assets (A: Jun. 2015 )
=(0.01-0.871)/1.093
=-0.79

where

Operating Assets(A: Jun. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.047 - 0.037
=0.01

Operating Liabilities(A: Jun. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.485 - 0.164 - 0.45
=0.871

Forte Energy NL's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2016 )
=(Operating Assets (Q: Dec. 2016 )-Operating Liabilities (Q: Dec. 2016 ))/Total Assets (Q: Jun. 2016 )
=(0.277-0.268)/0.047
=0.19

where

Operating Assets(Q: Dec. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.58 - 0.303
=0.277

Operating Liabilities(Q: Dec. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.268 - 0 - 0
=0.268

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.19 mean?
Forte Energy NL (ASX:FTE) has a Scaled Net Operating Assets of 0.19 as of Dec. 2016. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Forte Energy NL and its competitors.
Is Forte Energy NL's Scaled Net Operating Assets too high?
Forte Energy NL's current Scaled Net Operating Assets is 0.19.
How does Forte Energy NL's Scaled Net Operating Assets compare to ZIMCF and MCCX?
Forte Energy NL's Scaled Net Operating Assets of 0.19 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Software company?
A good Scaled Net Operating Assets depends on the Software industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Forte Energy NL and its competitors. Forte Energy NL's current Scaled Net Operating Assets is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Energy NL stock overvalued right now?
Forte Energy NL (ASX:FTE) has a current Scaled Net Operating Assets of 0.19. The current Scaled Net Operating Assets is 0.19. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Forte Energy NL (ASX:FTE), the current Scaled Net Operating Assets is 0.19 as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Forte Energy NL Business Description

BOS Global Holdings Ltd is an Australian software company which focuses on creating enterprise productivity solutions for the global workforce market. Its products include BOS360 Work Patterns, BOSMeet, BOSTime, and BOSAutomate. The BOS360 Work Patterns captures a digital footprint of worker's activity and presents it in a visual and powerful format that offers awareness driving efficiency and productive behavior; the BOSMeet is meeting management software; the BOSTime is automatic time an activity tracker; and the BOSAutomate is a complete document and records management suite which offers document management and electronic records management. The company serves its customer in Australia, Asia, UK, Europe and North America.